I had backlog with my receipts for about 2 weeks and just got the chance to do my accounting stuff at lunch time today. I do it dutifully (when I can) to know where the "hard-earned" money goes and have my summary at the end of the month. It's not because I'm obliged to do so... it's just me wanting to know how are we handling our expenses. :-)
What I personally do is to group the receipts by categories like groceries, clothing, eat out, etc. Then I use Money Manager mobile application to record the total expense per category. I don't record the receipts per transaction date, instead, I do the total per week to make this task less tedious.
|sample photo from 8mobile.org|
What I love about this mobile application is that I can record expenses anytime, anywhere! I've been using this tool for 4 years already and this is the simplest mobile financial application I've used so far.
In case you want to be on-track with your expenses and get to see how much is left from your payroll every month, then this tool is a must-try!